National Republican., 1887-07-29
A RADICAL CHANGE.
Stock specuiations More Active and
tho Losses Regained.

tno Losses heEntneUs
New YORK, July 2s.-There was a radI-
cal change In the temper Of the stock spec
ulation day, and most OF yesterdays
losses were regaIned. Prices were on n
higher plane throughout, and while first
prices were generally the lowest recorded,
the best figures were reached In the last
half hour. Yesterdays feverishness and
lrregularity continued to prevail during the
forenoon, but a decidedly strong tone
marked the dealings for the remainder OF
the day. There was very little news OF
character to affect values, but that received
was OF a favorable character. A,more pro
nounced disposition to buy became prom
inent early in the day, and met with but
little resistance, which was almost wholly
withdrawn toward the close. London
bought stocks, aud most of the sellers OF
yesterday were buyers to-day, the covering
Of shorts being very extensive, although
the outstanding short interest is still very
Ia rye.
Rumors that two OF the most Influential
operators ware buying obtained credence,
and from the buying In Reading and Jersey
Central 1t was believed that the clique had
come to the support Of these stocks, but
the active stocks show but slight gains
over the opening figures. There was very
little special feature to the market, which
The opening was strong and active at ad-
vances which extended TO per cent, but
great feverishness and irregularity were
| developed with generally heavy tone
| which became weak during the first hour
but the market soon gathered strength
and by noon was generally at about open
| ing figures. There was q marked deere ise
4 in the amount Of business done after that
| time, but prices slowly advanced subject to
| several unimportant set backs. More posi-
| tive strength was shown In the last hour
and the close was strong on the best figures
| reached.
Money on call has been easy, ranging from
3 to A., last loan at 4, and closing offered at
2. Sterling exchange dull aud steady.
60-day bills, and 4s4l to 4s47 for de.
l mand. Poeted rates 1881 to 1854. Coz
ernment bonds have been dull and steady.
State bonds have been dull and steady.
The following were the closing bid quota
tons:
4 ig "a * GSsp 1884, Pa Rso 6 Of roS 81 49, IS
La. Cons s.; Mo No, Cs Of 81, 1907 N. G. q. Con
e. III do 49, A. ~ ge% Temp settlement Ss, siOS
lTe Tenn na settlement I'll m dS g. 'aG'Vs 7S Gen. p4S
firsts, 1867; Deny. and II. G. firsts, 40: M. K.
and 7, J4N; Northern Pac. lrsts, ii5i4; do
seconds loS% N9rthwes,egn soas S d"
| ll9; Southern Pac. frsts. li5 T. p. II. G. aud
l c., ny; Union Pac. frsts, ll5ls; West Shore
9S33s; Adams Express, 40: Alton and 7. 4
| 4o12; do. pfd, 754: Am. Express, 107la; Bos. All
| Line pld., %; B. G.. aud X. N, 45; Canada
Southern, 5i Canton, $50: Cen. Pac., S6N
Ches and Ohio, 9; Chicago and Alton, $50
land and Col !, IS; Con. Coal, 2i; Del. and Hnd
| l0l; Del. and L., 1917; DENY. and r. g., 27l4
Erie, S0A do. pfd.. 6S: Fort Wayne, l50
Harlem, 2iS; Houston and Texas, 2s; Ill. Cen.
1221l; Kans. and Texas, 27 l., Il. and W, -
Lake Shore, 939s; Lyl. and Nash, 6lls
Met H., 15S: Mich. Cen. $50; Mo. Pac.
N. Chat, 7s%; N. ]. Cen, 77l6: Norfolk an'
Western pfd. 4Sh; Northern Pac, 33is; do. pfd.
59T; Northwestern, llds4; do. pid., lag;
Y. Gen. los; Chicago and st. L.. l714; d.
pfd., Sl7S; Ohio aud Miss. 26lS; do: pfd., IS
Oregon Nav, 90: Pac: Mail. 40H Pitts
burg, 153: Reading 553s; Richmond an
Aleyn 3; Richmond and Dan, l50 Roc
Isl'd, 12Sl%; ST. l.. and San. Fran 37Ja; do, pfd
751S; do. first pfd., llll5 st. Paul, 81; do ptd
u.s. ST. P. and O., 4s9z: do. pid llI9l; Texa
Pac., 2S5s; Union Pac., 5i7s; y. $. X, 81; Wa
Pac, l75s; do. pfd., 301s; Wells Fargo, ~
West Union, 7i,1; Tenn. Coal and Iron, D
Cotton Oil Trust, S5I5; QUICKSILVER, G; dc
asked.